Clyde Gateway accounts, key performance indicators and annual report 2015/16

Building the Legacy ‘...never over-promising and never under-delivering.’ Report by Chair This is the eighth Annual Report Difference’, the booklet that we produced a private sector partner to accelerate produced by Clyde Gateway. It provides in August 2016 specifically to highlight plans for a huge area of previously heavily an overview of our investment in the the outstanding progress in social and contaminated land in , with twelve months ended 31 March 2016, economic regeneration. the aim of attracting the biggest and together with a summary of how we have best-known companies operating in the made progress across nine key Despite the fact that Clyde Gateway is most relevant industries and commercial performance indicators. being praised so widely we acknowledge sectors of the 21st century. that a physical makeover alone can ever It is now two years since I accepted the be held up as a success, although the There are a many reasons why Clyde role of Chair of Clyde Gateway. At that extent of the physical changes often make Gateway has gained an excellent point in time, I saw this as a natural the biggest headlines. The 2014 Games reputation, but in essence it all boils down progression from the completion of my can be said to be responsible for the M74, to us never over-promising and never role within the Organising Committee of the East End Regeneration Route (now under-delivering. In doing so, we have the as it renamed as The Clyde Gateway), the gained the widespread support of local allowed me to help ensure that various indoor sports arena, the velodrome and residents who accept and understand promises around legacy, and the the athletes’ village, all of which have that the extent of the task before us is so continued transformation of what had made a massive difference. complex and demanding that it will take historically been some of the most at least two decades of effort. deprived neighbourhoods in the country, The track record of Clyde Gateway is even would be kept. more impressive; in eight years we have on Those very people are therefore placing our own, or through various partnerships: their trust in us to deliver for many more I was fortunate enough to come to an years to come. I will do everything organisation whose own work in parallel - built six office complexes that already possible to ensure Clyde Gateway is in with the preparations and delivery of the support 2,500 jobs in the area; the best possible position to attract the Games had won it a very fine reputation - created ’s best connected finance and resources necessary to for its approach to the task in hand. I know business park adjacent to a main complete the task in hand. from what is now more than 50 years of junction of the M74; experience in industry and public life just - attracted some of the most innovative This is Scotland’s biggest, boldest and how difficult a task it really is to balance and fastest-growing companies to the most ambitious regeneration programme. the demands, expectations and hopes east end and ; It is something I am both proud and of so many different interest groups and - completed four top-quality community privileged to be part of. stakeholders. The team at Clyde Gateway buildings – the Olympia, the Legacy has consistently displayed a sure touch Hub, No.18 and Church House - that Lord Smith of Kelvin that has been appreciated, and indeed are used on a daily basis by thousands October 2016 lauded, by politicians, business leaders of local residents; and and, most importantly of all, local residents - opened a Woodland Park, in the heart whose voices have been listened to from of an urban area, with at least one of the very outset. its many attractions being unique in Scotland. There is a great story to be told about what has been happening within the east Much more is in the pipeline, not least end of and neighbouring South another 500 new homes on a highly over the past eight years. This prominent riverside and main road site annual report captures a flavour of it but in that has lain derelict for it is best read in parallel with ‘Making A almost forty years. We have attracted

2 3 There is no ambiguity about this statement. Our joint work with the Forestry Report by It is a commitment to the long-term nature Commission Scotland has led to the of this particular regeneration effort as well creation of the spectacular Cuningar as endorsement of the approach which has Woodland Park which has completely Chief Executive always emphasised that physical change transformed a huge site of formerly alone will never be enough. derelict land on the banks of the Clyde. The park has a range of attractions and Our chairman, Lord Smith of Kelvin, has activities for all ages, including a unique Clyde Gateway, being a three way partnership between Glasgow made the point that there is a great story Activity Zone which, among other things, City Council, Council and Scottish Enterprise to be told about what has been happening is home to Scotland’s first ever and backed by direct funding from the Scottish Government, in the east end and South Lanarkshire ever Bouldering Park. has always been aware of the importance of securing political since Clyde Gateway was established, support for all of our work and activities. so much so that we published ‘Making Another innovative partnership, with the a Difference’ in August 2016 to highlight Church of Scotland and backed by a In one of her last acts as a government minister before standing the extent that the local community is substantial grant from the Scottish down in advance of the May 2016 election, Margaret Burgess prepared to endorse our efforts. Much Government, has led to the construction MSP, the Minister for Housing and Welfare, announced that of what now follows in the latest of our of a new building for Church House, Clyde Gateway was to receive an additional £3 million to support Annual Reports are further endorsements, a charity which, since 1942 has been a key further development of vacant and derelict sites in Dalmarnock, this time from investors, developers and part of the local voluntary sector providing Rutherglen and Shawfield to create and sustain social and those who in recent years have chosen to services to address poverty, deprivation economic growth. make Clyde Gateway their home in which and a lack of opportunity for young people to do business. living in Bridgeton, Camlachie and The finance was, of course, a huge and very welcome boost to our Dalmarnock. The new building is now efforts, but much more important and encouraging were the words One of the most striking things about the right in the heart of the Bridgeton area, that accompanied the announcement:: past 18 months is the extent to which relocating the service from what had long businesses have committed to the been a rundown and isolated building Clyde Gateway area. The move by Police following large-scale demolitions back It is vital we continue the Scotland to its new Clyde Gateway in the 1970s and 80s. offices at the beginning of 2015 has been regeneration of South Lanarkshire followed by MadeBrave®, Peebles Media These are just two examples of the types and SPIE bringing their operations to of innovative, community-led projects that and Glasgow’seast end, which will new offices in Bridgeton and Rutherglen we are delivering right across the Clyde serve to maintain the long-term while MEPC has demonstrated its Gateway area and we will continue to seek commitment to the area by making a out the views and opinions of local people legacy of the Commonwealth sizable investment in expanding the to deliver more of the same in the years number of units at Clyde Gateway East ahead of us. Games. Business Park. The number of property enquiries we are receiving is at an all-time The time is edging towards 2018 and what high and there have been occasions will be the halfway point of our projected Since long before the Games took when the Red Tree Business Suites have 20-year lifespan. There has been a experienced 100% occupancy, all of satisfying amount of progress thus far place, we have witnessed a steady which has led us to advance plans to build but many more difficult and complex transformation of an area once additional office spaces over the coming challenges are lying in wait for us. years to meet this growing demand. The good news is that every member of viewed as one of Scotland’s most Clyde Gateway, board members and staff deprived. The scale and quality of the transformation alike, are determined to remain unstinting has been remarkable, always seeking to in our efforts to face these head-on and balance the needs and demands of local find innovative and imaginative ways to people alongside the expectations and ensure a lasting and sustainable legacy We have taken care to ensure the requirements of those who are looking to can be widely experienced and enjoyed. transformation is more than an grow and expand their business or activity. The creation of community assets has Ian Manson urban makeover. Its purpose is to been every bit at the top our agenda as October 2016 the delivery of commercial spaces and tackle inequalities, create jobs and factory units while investing in people opportunities, ultimately improving remains as much a priority as spending the necessary tens of millions on the lives of those who live in the decontamination and infrastructure area. improvements. Margaret Burgess MSP, Minister for Housing and Welfare, March 2016

4 5 KPI 1: derelict and contaminated land remediated Total as at 31 March 2015 218.91 hectare 12 month progress 9.76 hectare Total as at 31 March 2016 228.67 hectare 20 year target 350 hectare

KPI 2: business floor space completed Total as at 31 March 2015 48,262 sq metres 12 month progress 11,097 sq metres Total as at 31 March 2016 59,359 sq metres 20 year target 400,000 sq metres

KPI 3: residential units constructed Total as at 31 March 2015 2,082 12 month progress 176 Total as at 31 March 2016 2,258 20 year target 10,000

KPI 4: number of jobs created/new to Clyde Gateway area Total as at 31 March 2015 4,386 12 month progress 444 Total as at 31 March 2016 4,830 20 year target 21,000

KPI 5: number of business assisted Total as at 31 March 2015 610 12 month progress 370 Total as at 31 March 2016 980

KPI 6: number of Clyde Gateway employability programme participants Total as at 31 March 2015 1,324 12 month progress 423 Key Performance Indicators 2015-16 Total as at 31 March 2016 1,747

KPI 7: number of participants in Clyde Gateway Clyde Gateway has three strategic goals which provide a detailed framework for our activities: community engagement events Total as at 31 March 2015 3,972 12 month progress 235 Sustainable Place Increased Economic Building Community Total as at 31 March 2016 4,207 Transformation Activity Capacity to focus on the overall infrastructure and to target major employers into the area and to ensure there are increased levels of environment of the area which in turn will work with existing businesses to maximise community participation in activities which KPI 8: number of participants in additional learning/ increase its attractiveness as a place to growth which in turn will generate promote a better, healthier lifestyle and/or health/sports/capacity building events live and work employment opportunities for local people improve employability prospects Total as at 31 March 2015 48,334 12 month progress 23,519 Nine Key Performance Indicators (KPIs) have been identified against which progress on Total as at 31 March 2016 71,853 current and future activities can be measured.

The KPIs are seen as having the most significance in terms of work which will deliver the KPI 9: Leverage physical, social and economic transformation of our communities, whether through our Total as at 31 March 2015 £124,143m* own efforts, in partnership with others in the private and public sectors or by activities 12 month progress £174,479m being undertaken entirely by a third party. Total as at 31 March 2016 £298,622m * adjusted to reflect a revised approach to housing investment

Clyde Gateway has directly supported the participation of more than 40 local residents at the Sir Chris Hoy Velodrome 6 7 The growth of the office sector across Clyde Gateway.

In 2005, as part of the work to establish This template of constructing a mix of Eastgate and Clyde Clyde Gateway, one of Scotland’s largest office sizes has continued since, with the Gateway were designed and constructed property specialists was asked for an redevelopment of the Olympia and the specifically for a single-tenant occupancy, independent view on what sort of construction of Police Scotland Clyde but at One Rutherglen Links we set out business development was most likely to Gateway and One Rutherglen Links being to deliver an office that could fulfil such a deliver the highest and most sustainable the prime examples. function or become home to a number of levels of growth. The advice was to aim for tenants. The story of this newly opened a balanced mix of development, including The Olympia is best-known as being the office can be read at Page 12-13. the provision of top-quality and affordable home of Bridgeton Library, but the office office space with excellent links to the spaces on the second and third floors are transport network. occupied by the University of Glasgow, the Centre for Population Health and Our first foray into the office market was Clyde Gateway itself. There are presently through the Red Tree Business Suites 70 office staff in the Olympia, and as at which have successfully operated since October 2016, there was availability in two 2011. Located in the centre of both units on the second-floor. Rutherglen and Bridgeton, they provide thirty-six suites, across a range of The biggest office development to date sizes from 175 to more than 3,000 square is Police Scotland Clyde Gateway, an feet, targeted at small and medium sized eye-catching and impressive five-storey companies. building of 134,000 sq ft built in just 18 months on a previously vacant and derelict The two Red Tree Developments have site overlooking the Clyde. It has brought brought 120 jobs to the area within a together, under one roof, 1,100 staff range of business sectors and the suites delivering a number of key administrative, often run at 100% capacity. We are financial and force support activities. currently looking at the possibility of Red Tree Shawfield, which will have the added attraction of a riverside setting.

The first large-scale office to be built by Clyde Gateway was at Eastgate, just 300 yards from Bridgeton Station. This 65,000 sq ft award-winning development opened in April 2012 as the new HQ for Community Safety Glasgow and is home to almost 500 staff.

Police Scotland Clyde Gateway – built in just 18 months 8 9 There’s a great buzz around Bridgeton at the moment and we’re excited to The Albus is be part of the area’s regeneration and future. As for the building, The Albus is great – it just feels very MadeBrave® and as you can guess, we’re excited more than an to put our own creative stamp on it.

officespace. Andrew Dobbie, MadeBrave®

It provides something which is distinctive with seven open plan spaces over three They have since been joined by the and unique as evidenced by it picking floors. These spaces are between 2,000 Peebles Media Group, Scotland’s leading up the ‘Architectural Excellence’ prize at and 4,300 sq ft in size, all designed in independent publisher providing media the Scottish Property Awards and being such a way that an occupier can put their solutions across digital platforms, print named the ‘Best New Office’ at the British distinctive and individual stamp on their and events, under the guidance of Council for Offices Awards in 2015, and part of the property. Managing Director, Yvonne Bremner. then in 2016 being chosen as a venue for Glasgow International, one of the world’s It was completed in early 2015 and within Both companies relocated to The Albus, biggest and best-attended contemporary a matter of weeks had attracted its first coming from the city centre and west end art festivals. occupier in MadeBrave®, an award- respectively, attracted by the look and feel winning design company founded in 2012 of the building and its ability to contribute The Albus sits adjacent to Eastgate, by Andrew Dobbie and whose clients to creative activity. just 300 yards from Bridgeton Station. include Aggreko, Bowmore Whisky, Its design has been lauded as highly Springbank, Linn Products, Air Space, contemporary, efficient and sustainable, The SSE Hydro and Mary’s Meals.

Here at The Albus I believe we have the best publishing office in the whole of Scotland. In comparison to other offices that we looked at around the city, the modern and striking Albus building offered something very special and perfectly met all of our needs. Yvonne Bremner, Peebles Media 10 11 Rutherglen Links ‘The entire area has Rutherglen Links is the name given to a Development Fund. The site was divided There has also been considerable interest new office and commercial district that into seven separate development plots in the other land at Rutherglen Links, and has been created on what was a with planning permission granted for a in June 2016 Clyde Gateway completed previously derelict five hectare site in the combination of office, general industrial the sale of Plot C to Harris Finance, a been transformed heart of Rutherglen. and storage/distribution use. The first locally-based commercial property development has been a 34,000 sq ft. developer with the initial plans involving The site is superbly connected to the office block, known as One Rutherglen the construction of two new units for burgh being less than 400 yards from Main Links, providing four floors of high quality industrial use. Street and a three-minute walk from space designed to function in a multitude thanks to the work Rutherglen Station with the same driving of ways. Further information on Rutherglen Links at time from Junction 2 of the M74. The site www.rutherglenlinks.com has traditionally been industrial but had SPIE Limited, one of Europe’s leading lain vacant and derelict for a number of providers of technical support services years after the largest factory, last used for for the construction, maintenance, repair of Clyde Gateway...’ bedding and pillow manufacturing, closed and running of commercial buildings, has in 2007. consolidated all of its Scottish operational requirements into One Rutherglen Links, The re-development of the 12-acre site with the top two floors of the building now was kick-started by a combination of home to over 140 of its staff, with plans funding from Clyde Gateway, the Scottish in place to add another 30 employees Government and the European Regional through growth and expansion.

The entire area has been transformed thanks to the work of Clyde Gateway and we are excited at the prospect of encouraging further regeneration and job creation through our own speculative investment in high quality industrial units at Rutherglen Links.

SPIE Limited has already brought 140 jobs to the Ross Harris, Harris Finance heart of Rutherglen 12 13 Clyde Glacier provides specialist services for energy infrastructure relating to onsite machining, heat transfer Gateway equipment services, non-destructive testing and East welding services. Our relocation to Clyde Gateway East was driven by a need to ensure we had a modern, Clyde Gateway was, in the 19th and 20th Clyde Gateway East Business Park was Work is scheduled to begin on a sixth centuries, a location in which tens of one of our earliest projects, under which a industrial unit at the Business Park in fit-for-purpose base from which to grow our business. thousands of skilled local workers were 36 acre site, formerly part of the Clyde Iron November 2016, with the £3million costs It fits the Glacier brand and our reputation for quality as employed in all sorts of industry and Works which closed in 1977, has been being met through a funding package manufacturing, particularly in steel or transformed beyond recognition thanks supported by Clyde Gateway, Scottish well as providing our employees with a high-standard iron plants, woollen mills and heavy to our partnership with MEPC, one of the Enterprise, the Scottish Government engineering factories whose company largest business estate property and a loan guarantee from Glasgow City environment in which to work. names, such as Beardmore, Arrol and developers in the country. Council. Templeton, were known the world over. Scott Martin, The spirit of that proud industrial The first phase of development has The involvement of MEPC and the various heritage is still very much in place with already seen four large-scale industrial occupiers at Clyde Gateway East Chairman, Glacier Energy Services our communities home to a range of units, ranging in size from 16-22,000 sq ft, demonstrates the confidence and support manufacturing companies such as Clyde completed and occupied, bringing more we are receiving from the private sector. Bergemann, CCG, Parkhead Welding and than 100 jobs to the area. The next phase The size of the site means it is capable Andrew Muirhead & Son all of whom are of development in 2016 has seen MEPC of accommodating further expansion but renowned as being among the best in speculatively build a fifth unit to meet what its success also provides a boost to our their particular line of business. is an ever-growing demand for the size efforts to expand the industrial and and quality of space on offer. manufacturing sector elsewhere. A site in the east end of Glasgow close to the boundary with South Lanarkshire ‘It is essential that modern and efficient and adjacent to Junction 2a of the M74 is buildings are provided to accommodate increasingly providing the building blocks expanding and new businesses. There for a further surge in local manufacturing, are very few new industrial units in the particularly for the types of industries, Glasgow area and MEPC is proud to be such as energy and telecommunications, leading the way at Clyde Gateway East.’ which are key to growing the economy in the 21st century. Chris Sills, Asset and Development Manager, MEPC

Clyde Gateway East Business Park will soon be home to six modern industrial and manufacturing units 14 15 Magenta The transformation Clyde Gateway has already invested more In October 2016, Highbridge Properties, than £20 million at this location, almost all a specialist business park developer with of which has gone on three elements:- more than 25 years of experience in the field, launched Magenta at Clyde Gateway. - site assembly; of the Shawfield area - the construction of a new SMART bridge Comprising 1.2 million square feet of to link to the nearby Dalmarnock space, Magenta is the largest office Station; and development in Scotland with the capacity - finding an affordable and environmentally to bring 12,000 new jobs to the area acceptable solution to resolving providing Grade A space within buildings will dwarf everything long-standing issues of chromium that can be designed to meet precise contamination that is a legacy of the requirements and standards. site’s former uses. Highbridge has a strong track record in Our efforts have enabled us to successfully delivering high quality business parks, that Clyde Gateway attract a commercial development partner including Cobalt, located in Newcastle, for Phase 1 of Shawfield which takes in which is home to over 14,000 staff and the former Industrial Estate, bounded on numerous blue chip companies including one side by the and on the Hewlett Packard, Proctor & Gamble, has already achieved other by the famous old football/greyhound Accenture, EE and Santander. elsewhere. stadium.

When I first saw this site it reminded me of London Docklands in the early years – so much potential and so close to the city centre. The location is first class and Magenta is a very compelling option for businesses, boasting superb connectivity, infrastructure and value for money. SMART Bridge between Shawfield and Dalmarnock also carries essential services and infrastructure to Adrian Hill, Director of Highbridge Properties LLC support current and future development. 16 17 Took my two nieces here today. The oldest is 11 and the younger is Creating assets for 5 years old. They both had the best day out here. It gave lots of options and different spaces to explore. leisure, recreation My younger niece loved playing on the slide and swings as well as and community use. digging in the sand. My older niece who is very much into climbing enjoyed the frames and especially The construction of new offices, across from the 700 new homes built factories and commercial spaces is Cuningar on the site of the 2014 Commonwealth loved the challenge of the bouldering. vital to secure a sustainable long-term Games Athletes’ Village. The park was spotless with us also economic regeneration across Clyde Loop Gateway. It is equally important to The site played a historical role in using the portaloo toilets which were ensure, either through our own efforts The biggest single development within supporting the development of Glasgow or in partnership with one of more Clyde Gateway during 2015/16 was a and its surroundings in the first half of the super clean for being out for the public. key stakeholders, that this major and community asset. 19th century being the location of several unparalleled physical transformation reservoirs that provided running water. It Excellent place to visit. Can’t wait to also delivers assets that will be used Woodland Park has been was later a quarry and mining site before, come back again. and enjoyed by the local community, delivered in partnership with the Forestry in the 1960s and 70s becoming a landfill and indeed allows such assets to be Commission Scotland. It is located within tip for rubble and waste from the extensive owned and managed by local people a long neglected 74-acre site on the banks housing demolition programme across the Visitor to Cuningar Woodland Park, should they wish to take on such a task. of the Clyde, less than a mile from city, particularly the Gorbals area. July 2016 Rutherglen Town Centre and directly

Left: Distinctive and eye-catching artwork is dotted throughout Cuningar Woodland Park Above: The popular café is owned and managed by a Rutherglen family Opposite: Scotland’s first outdoor Bouldering Park can be enjoyed in the heart of Clyde Gateway

18 19 The new park sits on half of the land at The public were able to access the park Cuningar Loop, which is so named on a trial basis during weekends in the because of it being located on a distinctive late summer and autumn of 2015 before bend in the river. It has been more than it was fully opened seven-days-a-week four years in the planning and construction from March 2016. A new pedestrian bridge ‘This place is phase, with an investment of more than across to the housing on the opposite bank £5million. It is a park with something for of the river will open in November 2016. everyone, thanks to the planting of almost 15,000 trees among wonderfully designed The first few summer months after full open spaces, trails, paths, art installations opening proved to be busy with an amazing.’ and picnic areas while those looking average of 12,000 visitors a month for excitement and activity will enjoy an between May and July, and the aim is to array of leisure and adventure play areas attract more than 100,000 people per year including a bike skills area and Scotland’s by 2021. first outdoor bouldering park. There is also a café on site, owned and operated by a family who live adjacent to the main entrance to the park on Downiebrae Road in Rutherglen.

This place is amazing. I’m really impressed with all that has been happening around the East End of Glasgow and in Rutherglen ever since Clyde Gateway started its work a few years back but Cuningar Woodland Park is something else. It offers something for everyone with the kids in particular having a whale of a time in the play and adventure areas, while the area around the boardwalk on the banks of the Clyde makes you forget you are only a few hundred yards away from a built-up urban environment. It’s the sort of place you want to come back to time and again.

Visitor to Cuningar Woodland Park, August 2016

20 21 Community assets

One of our key priorities is ensuring a No. 18, Rutherglen Church House, Bridgeton Legacy Hub, Dalmarnock Opposite left: CamGlen Radio on 107.9FM and growth in community capacity, which in No. 18 is the name now given to the Church House is a charitable organisation The Legacy Hub is situated adjacent to the Internet now broadcasting from new premises effect is another way of saying that we at No.18, Rutherglen building that sits at 18 Farmeloan Road, which provides a range of services to the Emirates Arena and Sir Chris Hoy Opposite right: Church House provides a valuable will involve and empower local people just a matter of yards from its junction with address poverty, deprivation and a lack Velodrome and directly across from the and welcome range of services in Bridgeton in every way imaginable, including Main Street, Rutherglen. of opportunity for young people living in 700 new homes located within the Below: The Legacy Hub on Springfield Road is the providing them with as many Bridgeton, Camlachie and Dalmarnock. athletes’ village. It is one of the best pride and joy of the Dalmarnock community opportunities as possible to control It originally served as part of the Rutherglen It was formed in 1942 and is presently run examples of how the local community and manage those activities that they East Church which closed in the early by two full-time members of staff and 30 continues to benefit from the hosting of see as being most important. 1980s that was then partially demolished volunteers with its operations governed by the 2014 Commonwealth Games. in the late 1990s to make way for the a board of local residents and members Some of the best examples of this can Aspire Business Centre. One of the of the St Francis in the East Church. The opening of the Hub in October 2015 be found through the way that we have tenants at Aspire is the Healthy n Happy was the culmination of many years hard supported the conception, creation and (HnH) Community Development Trust, A partnership between Clyde Gateway work by the People’s Development Trust, delivery of various community assets whose twenty staff, thirty sessional and the Church of Scotland has seen an a body made up entirely of local residents across Clyde Gateway – buildings that workers and more than one hundred investment of £820,000 to relocate Church with appropriate professional support, local people have on their doorsteps volunteers deliver activities for more than House from a rundown and isolated who were determined that the ultimate to provide and deliver the sort of 6,000 people of all ages each year in premises in to a new building in the heart legacy from 2014 would be a modern services and activities they want to be Rutherglen and . of the community. building, owned and managed in its able to access. Two such buildings in entirety by the community, that would Dalmarnock and Rutherglen opened to Clyde Gateway, with the support of the The unique design has involved a mix of provide a range of economic, social, great acclaim in late 2015 while a third Scottish Government, purchased the the old and new with a single-story and environmental services which best building, in Bridgeton, was able to open remaining part of the church building and construction linking a converted part responded to local needs. its doors in August 2016. embarked on a major upgrade to enable it of the former Queen Mary School, which to become a home from which HnH could closed in 2009, and the existing facilities Clyde Gateway, together with the Scottish expand its range of services. within the St Francis in the East Church. Government, and The new facility, which opened in August the Big Lottery Fund, was a key funder One of the key services from the 2016, has enabled the charity to expand of this important project, with our refurbished building, which opened on the its range of services as well as increase contribution being £1.2million. The Legacy same day as the Legacy Hub in October the number of clients it can reach out to. Hub is home to an all-purpose community 2015, is CamGlen Radio, a very popular centre, a nursery, GP surgery, dental and innovative community station which, surgery and pharmacy, all of which have since the move to the new studios within been incorporated in response to requests No.18, has become a full-time service, from local residents. broadcasting on 107.9FM across Cambuslang, Rutherglen & other areas in the South East of Glasgow as well as being available more widely via the internet.

22 23 Summary of Financial Statements

Table A Finance Overview (period from 1 April 2015 to 31 March 2016) Funder Amount (£m) Type of Funding Direct Income Generation 3.885 Regeneration Returns Direct Income Generation 0.073 Investment Returns Direct Income Generation 0.030 Other Scottish Government 2.972 Grant Funding Glasgow City Council 1.284 Grant Funding South Lanarkshire Council 2.441 Grant Funding Miscellaneous 0.664 Grant Funding Donated Assets 0.005 Donated Land

TOTAL 11.354

Table B Forward Funding : 2016-2017 Funder Amount (£m) Type of Funding Scottish Government 7.181 Grant Funding Glasgow City Council 2.703 Grant Funding South Lanarkshire Council 1.736 Grant Funding Scottish Enterprise 0.500 Grant Funding Direct Income Generation 0.941 Regeneration Returns Direct Income Generation 0.050 Investment Returns

TOTAL 13.111

Table C Expenditure by Strategic Goal Activity 2015/16 (£m) 2014/15 (£m) 2013/14 (£m) Sustainable Place Transformation 3.81 17.36 15.26 Increasing Economic Activity 4.15 21.27 15.46 Developing Community Capacity 2.52 3.38 0.89 Staffing and Support Costs 1.74 1.73 1.78

TOTAL 12.22 43.74 33.39

24 25 Financial Summary

Table D Table E Consolidated Statement of Financial Activities (incorporating the Income and Expenditure Account) Consolidated Statement of Financial Position For the year ended 31 March 2016 as at 31 March 2016

Unrestricted Restricted Total funds Restated Total funds funds 2015/16 Funds 2014/15 2015/16 Restated 2014/15 £ £ £ £ £ £

Income and endowments from: Fixed assets Charitable activities 5,000 7,361,137 7,366,137 25,691,904 Tangible assets 9,990,091 9,565,691 Other trading activities 3,199,615 - 3,199,615 10,794,414 Investment income 758,224 - 758,224 849,993 Current assets Other income 30,000 - 30,000 - Stock and work-in-progress 6,654,091 11,146,965 Debtors 4,038,452 4,618,748 Total income and endowments 3,992,839 7,361,137 11,353,976 37,336,311 Cash at bank and in hand 21,601,056 22,865,237

32,293,599 38,630,950 Expenditure on: Raising funds (3,429,500) - (3,429,500) (10,227,149) Creditors: amounts falling due within one year (2,103,262) (3,770,290) Charitable activities (6,947,471) (1,844,918) (8,792,389) (10,359,681) Other expenditure (15,480) - (15,480) (39,322) Net current assets 30,190,337 34,860,660

Total expenditure (10,392,451) (1,844,918) (12,237,369) (20,626,152) Net assets (excluding pension liability) 40,180,428 44,426,351 Provisions for liabilities (1,468,756) (1,537,000) Pension liability (481,000) (1,044,000) Net (expenditure)/income (before pension scheme gains/(losses)) (6,399,612) 5,516,219 (883,393) 16,710,159 Net assets 38,230,672 41,845,351

Deferred taxation 68,244 - 68,244 (623,000) Funds Actuarial losses on defined benefit pension scheme 719,000 - 719,000 (1,067,000) Unrestricted 9,464,338 12,251,509 Transfer to land and property reserve 2,988,377 (2,988,377) - - Land and property reserve 15,002,841 18,921,191 Impairment and write down recognised (3,518,530) - (3,518,530) (29,247,196) Pension reserve (481,000) (1,044,000) Revaluation written down - - - (55,000) Total unrestricted 23,986,179 30,128,700 Restricted 14,244,493 11,716,651

Net (expenditure) (after pension scheme gains/(losses)) (6,142,521) 2,527,842 (3,614,679) (14,282,037) 38,230,672 41,845,351

Funds brought forward 30,128,700 11,716,651 41,845,351 56,127,388

Funds carried forward 23,986,179 14,244,493 38,230,672

Copies of Clyde Gateway URC’s consolidated financial statements can be downloaded from our websitewww.clydegateway.com

26 27 Building the Legacy

The Olympia, 2-16 Orr Street, Bridgeton Cross, Glasgow G40 2QH www.clydegateway.com 0141 276 1573

Clyde Gateway URC is a company registered by guarantee (No SC3355999) with charitable status (No SC039644)

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